Japan Hotel REIT Investment Corporation
Notice Regarding the Finalization of the Number of Investment Units Issued in a Third-Party Allotment
The planned issuance of 38,709 new investment units by third-party allotment totaling 2,964,490,056 yen was cancelled due to no subscription from the allottee.
Key Figures
- Number of investment units offered: 38,709 units (planned but not executed)
- Amount paid per unit (issue price): 76,584 yen
- Number of investment units issued and outstanding: 5,904,006 units (as of 2026-04-03)
AI要約
Overview of Capital Policy
Japan Hotel REIT Investment Corporation had planned a third-party allotment of new investment units (38,709 units, approximately 2.96 billion yen in total) as resolved at the Board of Directors meetings on February 25 and March 3, 2026. However, since no subscription was received from the allottee, SMBC Nikko Securities Inc., the issuance will no longer proceed. As a result, the number of investment units issued and outstanding remains at 5,904,006 units.
Impact on Unitholders and Future Outlook
Since the new investment unit issuance by third-party allotment has been cancelled, there will be no dilution of existing investment units. The future capital policy and fundraising plans are currently uncertain, but the Corporation is expected to continue efforts to maintain the value of the investment units.
